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Forex pairs in this Article » USD/JPY
FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank feels that USD/JPY could see a further collapse on a deepening of EM negativity.

Key Quotes

“USD/JPY could continue to unwind on the back of risk aversion, any sustained break below 101.00may threaten a move to the 200-day MA (100.09).”

“However, a further collapse of the pair may have to be predicated on a deepening of EM negativity.”
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